Forex Alfa Super Trend Trading Strategy
Forex Alfa Super Trend Trading Strategy:
Alfa Super Trend FX is a trend following trading system hybrid because is formed by two trend following indicators Alfa Trend and Super trend. The aim is to have a combination to enter the market with more aggressive signals. The main direction filter is the Super Trend indicator.
Time frame 5 min or higher.
Currency pairs majors, Indicies and Gold and stocks.
Metatrader 4 Indicators setting
Super Trend NBR periods 10.
Multiplier 3.0.
Alfa Trend default setting.
Trading rules Alfa Super Trend FX
Buy
Super Trend blue dot with blue arrow.
Alfa Trend blue arrow.
Exit at opposite arrow.
Initial stop loss below the dot blue line.
Profit Target fast max ratio 1:1 stop loss.
Sell
Super Trend red dot with red arrow.
Alfa Trend red arrow.
Exit at opposite arrow.
Initial stop loss above the dot red line.
Profit Target fast max ratio 1:1 stop loss.
Tip:max 2 entries in the same direction.
Appy this template at the currency pairs in trend at the 4H and daily chart.
This trading system is suitable for multipositions trading and martingale MM.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Alfa Super Trend Trading Strategy?
- Download Forex Alfa Super Trend Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Alfa Super Trend Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
